Category Archives: Bank of England

GBP/USD Price Prediction: Cable Could be Hit Harder This Week

Big fundamental data points will play a massive role in the direction of GBP this week. GBP/USD downside targets are eyed at 1.2800 and then the range of 1.2750-1.2650. It is another week where GBP takes the spotlight with a raft of key economic data points being released from the UK. This comes after an […]

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Stocks Plunge on Global Growth Uncertainty, U.S.-China Trade Dispute

U.S. stocks declined sharply on Thursday, as the Dow headed for its first back-to-back losses of 2019 after the Bank of England (BOE) delivered a pessimistic outlook on its economy. The Brexit risk cascaded through the financial markets as investors cut ties to riskier assets. U.S. Stocks Slide All of Wall Street’s major indexes declined […]

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3 Things You Need to Know About the Market Today: Powell Surprise, Eurozone Slump, Pound Dump & Pump

1, Stocks Fall as Bonds Turn Volatile on Fed Chair’s Comments Dow 30 Futures, 4-Hour Chart Analysis Fed Chair Jerome Powell continues to be the most important person for global financial markets, and yesterday, the central banker gave a surprisingly upbeat speech about the US economy, causing a dip in global equity markets and a […]

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